Posts Tagged ‘ Deregulation ’

Inner Econ Geek

October 1, 2012
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This interview with Profs. Hudson, Bill Black and Randy Wray at UMKC describes how the U.S. Financial sector has become criminalized, and describes how the economy will continue to shrink sharply after the November presidential election. Listen via here KCUR writes: Want to satisfy your inner econ geek? You’ve come to the right place....

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Democracy and Debt

December 3, 2011
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Has the Link been Broken? *This article appeared in the Frankfurter Algemeine Zeitung on December 5, 2011. Book V of Aristotle’s Politics describes the eternal transition of oligarchies making themselves into hereditary aristocracies – which end up being overthrown by tyrants or develop internal rivalries as some families decide to “take the multitude into...

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Trade Theory Financialized

October 26, 2011
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To secure its privileges and tax favoritism, the financial sector opposes government power to tax or regulate. Fighting under the banner of “free markets,” it is now fighting to centralize economic planning power in Wall Street, the City of London and other financial centers. What is remarkable is that under ostensibly democratic politics, an...

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How a $13 Trillion Cover Story was Written

June 17, 2011
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Free money creation to bail out America’s elite financial speculators, but not for Social Security or Medicare Only the “Crazies” Get the Bank Giveaway Right Financial crashes were well understood for a hundred years after they became a normal financial phenomenon in the mid-19th century. Much like the buildup of plaque deposits in human...

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Hudson to Hudson

November 10, 2010
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Part One of this discussion was published in the Huffington Post today. You get to see the whole piece here. Michael Hudson talks with . . . Michael Hudson Michael Hudson and Michael Hudson are often mistaken for each other. Along with sharing a name, they share an interest in economics, debt and the...

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Speculating on Quantitative Currency Wars

November 2, 2010
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An Interview with Dr. Michael Hudson October 21, 2010 Interviewer: iTulip’s Eric Janszen (E): Welcome Michael Hudson to iTulip again. Thanks for joining us. Hudson (H): Thank you, Eric. E: So we’ve had discussions in the past about China’s response to America’s escalation of the currency wars. Yesterday they made a bold move, raising...

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Is the Economy as Broke as Lehman Was?

September 4, 2010
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The Angelides Committee Sidesteps the Mortgage Fraud Issue What is the difference between today’s economy and Lehman Brothers just before it collapsed in September 2008? Should Lehman, the economy, Wall Street – or none of the above – be bailed out of bad mortgage debt? How did the Fed and Treasury decide which Wall...

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Gordon Brown spills the beans on the IMF: Make Iceland pay for Incompetent British Bank Deregulation

May 11, 2009
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Counterpunch Last month the G-20 authorized the International Monetary Fund to increase its loan resources to $1 trillion. It’s not hard to see why. Weakening currencies in the post-Soviet states threaten to raise default rates on foreign-currency mortgages as collapse of the Baltic real estate bubble drags down Swedish banks, while the Hungarian property...

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